Shuaiba Industrial Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Shuaiba Industrial Company K.P.S.C has a total shareholder equity of KWD18.3M and total debt of KWD1.1M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are KWD24.7M and KWD6.3M respectively. Shuaiba Industrial Company K.P.S.C's EBIT is KWD1.3M making its interest coverage ratio 49.8. It has cash and short-term investments of KWD7.5M.
Key information
6.2%
Debt to equity ratio
د.ك1.14m
Debt
| Interest coverage ratio | 49.8x |
| Cash | د.ك7.49m |
| Equity | د.ك18.32m |
| Total liabilities | د.ك6.35m |
| Total assets | د.ك24.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAPER's short term assets (KWD14.7M) exceed its short term liabilities (KWD3.5M).
Long Term Liabilities: PAPER's short term assets (KWD14.7M) exceed its long term liabilities (KWD2.8M).
Debt to Equity History and Analysis
Debt Level: PAPER has more cash than its total debt.
Reducing Debt: PAPER's debt to equity ratio has reduced from 10.7% to 6.2% over the past 5 years.
Debt Coverage: PAPER's debt is well covered by operating cash flow (540%).
Interest Coverage: PAPER's interest payments on its debt are well covered by EBIT (49.8x coverage).